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Updated over 7 years ago on . Most recent reply

Ryan Jones's profile image
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Ryan Jones
  • from Houston, Texas
  • Member since Jan 11, 2017
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Ryan Jones's profile image
Ryan Jones's profile image
Ryan Jones
  • from Houston, Texas
  • Member since Jan 11, 2017
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Ryan Jones
  • Houston, TX
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Rehabbing & House Flipping

Why do investors buy flooded homes?

Ryan Jones
  • Houston, TX
Posted

I'm curious why investors would want to buy a flooded home? Here in Houston we are seeing a demand (still small, but growing) for flooded homes. I wholesale and rent, but I'm confused why someone would want a home that has flooded. Even more confused why someone would want a home that was flooded more than once.

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Account Closed's profile image
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Account Closed
  • from New York City, New York
  • Member since Sep 25, 2016
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Account Closed
  • from New York City, New York
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Account Closed
  • New York City, NY
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Account Closed
  • New York City, NY
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Because they could get them for very cheap.

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